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Last updated on April 21, 2014 at 7:52 EDT

Latest Mustang Geothermal Corporation Stories

2011-12-19 18:00:00

RENO, Nev., Dec. 19, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") announces that it plans to start a new exploration program consisting of 200 shallow temperature gradient drill holes on the Company's geothermal concessions in Peru. The shallow gradient drill program is a follow-up to the water chemistry sampling program that yielded promising results; indicating potentially viable geothermal reservoirs (see news release dated December...

2011-12-14 05:30:00

RENO, Nev., Dec. 14, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") reports on the results of a water-sampling program on the Company's geothermal concessions in Peru. The water chemistry yielded promising results indicating potentially viable geothermal reservoirs and suggest that additional exploration work continue. (Logo: http://photos.prnewswire.com/prnh/20110408/LA79811LOGO) The water chemistry data provides important...

2011-12-02 08:20:00

RENO, Nev., Dec. 2, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") announces that it has acquired three additional geothermal exploration concessions in southern Peru through the government application process. The Atecata, Coline, and Condoroma South properties are located in the Departments of Puno and Cusco, respectively and each comprises an area of 900 hectares. (Logo: http://photos.prnewswire.com/prnh/20110408/LA79811LOGO) The new...

2011-06-24 08:48:00

RENO, Nevada, June 24, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") announced today that it has started exploration at its Condoroma-Chaquelles geothermal concession in southern Peru. (Logo: http://photos.prnewswire.com/prnh/20110408/LA79811LOGO) The Company is excited about the Condoroma Project because of the geothermal potential of the area and its location relative to major commercial mining development. Rural and commercial electrical...

2011-06-22 15:05:00

RENO, Nev., June 22, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") announced that on June 21, 2011 it entered into a non-binding letter of intent with ARG Vermogensverwaltung AG of Munich, Germany, to arrange for a material definitive agreement securing fifty million dollars in funding to the Company. The terms of the non-binding letter of intent include a proposed two tranche funding of twenty five million dollars each. (Logo:...

2011-04-08 15:00:00

RENO, Nev., April 8, 2011 /PRNewswire/ -- MUSTANG GEOTHERMAL CORP. (OTCBB: URXE) ("Mustang" or the "Company") is pleased to announce that Mr. Kevin J. Pikero has been appointed CFO, Principal Accounting Officer, and Director replacing Mr. Gerald Aberle who is resigning as Director to pursue other business opportunities. (Logo: http://photos.prnewswire.com/prnh/20110408/LA79811LOGO) Kevin J. Pikero is a practicing Certified Public Account (CPA) in Reno, Nevada with 33 years' experience...